
Essentials of Business Law 7th Edition by Anthony Liuzzo
Edition 7ISBN: 978-1121749979
Essentials of Business Law 7th Edition by Anthony Liuzzo
Edition 7ISBN: 978-1121749979 Exercise 9
Match each of the numbered definitions with the correct term in the following list. Write the letter of your choice in the answer column.
a. agent
b. agency by necessity
c. agency by ratification
d. apparent authority
e. attorney in fact
f. express authority
g. contract of agency
h. disclosed principal
i. implied authority
j. irrevocable agency
k. partially disclosed principal
l. power of attorney
m. principal
n. undisclosed principal
A principal who is known to third parties.
a. agent
b. agency by necessity
c. agency by ratification
d. apparent authority
e. attorney in fact
f. express authority
g. contract of agency
h. disclosed principal
i. implied authority
j. irrevocable agency
k. partially disclosed principal
l. power of attorney
m. principal
n. undisclosed principal
A principal who is known to third parties.
Explanation
The correct answer is .
An agency cont...
Essentials of Business Law 7th Edition by Anthony Liuzzo
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Character 255